Bourbon maker Jim Beam halts production at main distillery for a year

The maker of Jim Beam bourbon whiskey says it will halt production at its main site in Kentucky for all of 2026.

Distillers in Kentucky - famous for its bourbon - face uncertainty, in part, due to US President Donald Trump's trade policies.

#JimBeam #Kentucky #jobs #bourbon #alcohol #tariffs #trade #business

https://www.bbc.com/news/articles/cy5gv5z24n2o

It’s fair to say that Hollywood is in crisis, or at least in transition.

Studios getting taken over,
culture wars all over the place,
and gen AI rearing its head.

The last thing they need is an #interventionist #president determined to wage war on the entertainment industry,
as well as no doubt extracting what value he can.

Donald #Trump, as we know, is very interested in the movie business:
in his pre-politics days, he made dozens of appearances in films, as well as on TV.

It seems very likely that he’s eyeing a place at Hollywood’s top table after he leaves office
(presuming he does).

Perhaps that’s what is behind his most spectacular recent intervention:
demanding, and getting, a fourth #Rush #Hour movie from the new owners of Paramount Pictures,
the studio that was recently taken over by #David #Ellison,
son of #Larry, one of Trump’s key allies.

Coincidentally, Trump’s son-in-law
#Jared #Kushner is one of the funders of Paramount’s subsequent bid to derail #Netflix’s takeover of #Warner #Bros,
with Trump himself suggesting he might influence US corporate regulators to prevent the Netflix deal from going ahead.

And of course, in the background,
is Trump’s threat of non-specific “#tariffs” on the film industry, ostensibly aimed at keeping movie production inside the US.
But, arguably, this could also be a way of keeping Hollywood’s top executives nervous and pliable.
https://www.theguardian.com/film/2026/jan/01/wuthering-heights-michael-jackson-trump-effect-will-2026-see-the-end-of-the-woke-blockbuster?CMP=Share_iOSApp_Other

#canada #tradewar #tariffs #Media

Plus they want to defund the CBC

Hassett must have convinced Trump (re his A+ #economy)🚨that #tariffs are affecting affordability, consumer spending is slowing, & there's stress in the markets:🚨"Trump (quietly) delayed by a year tariff increases on upholstered furniture, kitchen cabinets & vanities, the latest move to walk back levies in the face of consumer frustration over high prices.

The increased tariffs were set to go into effect on Jan 1.

NY Fed Repo Fac Hits Record $74.6B Usage on NYE.

#USPol
https://www.wsj.com/economy/trade/trump-rolls-back-tariffs-on-furniture-and-kitchen-cabinets-a1beddd5

In the past, I've invested in VBTLX, a total bond market index fund. Because this index tends to fall in response to inflation (as happened in 2022), I decided to sell shares.

#finance #bonds #tariffs

https://www.cnbc.com/2023/01/07/2022-was-the-worst-ever-year-for-us-bonds-how-to-position-for-2023.html

Trump's tariff tantrum doesn't pay off
#ausnews #vicnews #mla #beef #trump #maga #gop #imports #exports #beef #tariffs #nlrs

https://www.victoriannews.com.au/news/international-news/trumps-tariff-tantrum-doesnt-pay-off/?utm_source=mastodon&utm_medium=jetpack_social

DC Scammers #4: These Tariffs Are Wild

https://peertube.gravitywell.xyz/w/1PMUfQDapQ9SxGVARovRay

Australian meat body warns new China beef tariff impact will be 'severe'
By Kim Honan and Sally Brooks

Meat Industry Council says it is "extremely disappointed" as China imposes a tariff on Australian beef imports that could cost $1 billion.

https://www.abc.net.au/news/2026-01-01/china-hits-australian-beef-industry-with-tariff/106191726

#Tariffs #BeefCattleFarming #Trade #TradeAgreements #KimHonan #SallyBrooks